Advisor: Akre Capital Management, LLC.
Inception Date: 8/31/09
Dividend Payment: Annual
Investment Type: Equity Fund
Ticker: AKREX Cusip: 742935117
Sales Charge: None*
Ticker: AKRIX Cusip: 742935125
| 8.3% | |
| 6.4% | |
| 5.8% | |
| 4.7% | |
| Moody's Corp. | 4.7% |
| 4.6% | |
| VISA, Inc. | 3.9% |
| 3.9% | |
| 3.4% | |
| 2.9% | |
| Fund holdings are subject to change and should not be considered a recommendation to buy or sell any security. | |
| 3 Months | YTD | 1 Year | Since Inception (8/31/2009) |
|
|---|---|---|---|---|
| Akre Focus Fund Fund Retail (AKREX) | 11.75% | 11.75% | 20.75% | 17.15% |
| Akre Focus Fund Institutional (AKRIX) | 11.77% | 11.77% | 21.01% | 17.43% |
| 12.59% | 12.59% | 8.54% | 15.64% |
Retail Gross Expense Ratio: 1.45%
Institutional Gross Expense Ratio: 1.20%
Performance data quoted represents past performance; past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance of the fund may be lower or higher than the performance quoted. Performance data current to the most recent month end may be obtained by calling 1-877-862-9556. The Fund imposes a 1.00% redemption fee on shares held for 30 days or less. Performance data does not reflect the redemption fee. If it had, returns would be reduced.
Short term performance, in particular, is not a good indication of the fund's future performance, and an investment should not be made based solely on returns.
Mutual fund investing involves risk. Principal loss is possible. The Fund is non-diversified, meaning it may concentrate its assets in fewer individual holdings than a diversified fund. Therefore, the Fund is more exposed to individual stock volatility than a diversified fund. The Fund invests in small- and medium-capitalization companies, which involve additional risks such as limited liquidity and greater volatility than larger capitalization companies.
The S&P 500 Index is a capitalization-weighted index of 500 stocks designed to measure performance of the broad domestic economy through changes in the aggregate market value of 500 stocks representing all major industries. One cannot invest direct in an index.
*While the fund is no-load, management and distribution fees
and other expenses still apply.
© 2009 Akre Capital Management, LLC. All rights reserved.
The Akre Focus Fund is distributed by Quasar Distributors, LLC.